To think that in January 2023, IMplats was trading at R235.52.
Today, in November we're looking at R73.12.
And yet, it's been an imperceptible downward journey, that even I am too embarassed to realise today.
Hindsight is a Biscuit!
Well anyway, the new downward channel is showing more downside to come with volatile (jumpy) highs and lows which can easily...
I'm not sure if a Head & Shoulders pattern is the correct interpretation here, albeit, a neckline is fairly visible. Further, the probability of its breach increases with every re-test.
